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Bullish Case: Wix.com is poised for a bullish breakout, spurred by robust FY24 bookings and revenue guidance, strong operational efficiency, and strategic AI integrations. Analysts' optimistic targets and the likelihood of outperforming the Rule of 40 in 2025 catalyze potential stock appreciation.


Bearish Case: Bearish trend fueled by recent underperformance, decreasing trading volumes, and a 0 historical correlation with AI price forecasts. Flat growth amid global uncertainties and potential geopolitical threats could diminish investor confidence in WIX.


Potential Outcomes:

1. Outperformance due to strong FY24; 60%.

2. Global instability impacting markets; 25%.

3. Disappointment from high expectations not met, leading to stock dip; 15%.


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April 18, 2024


Wix.com Forecast

WIX        Wix.com
Price Forecast: BULLISH    Price Action: RANDOM (?)






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Uncorrelated Stock Forecasts

Assets with little price relationship to WIX



KHC Forecast + Options Trading Strategies   [KHC]  Kraft Heinz (0.0)


PAX Forecast + Options Trading Strategies   [PAX]  Patria Investments Ltd (0.0)


GLW Forecast + Options Trading Strategies   [GLW]  Corning (0.0)


GT Forecast + Options Trading Strategies   [GT]  Goodyear Tire & Rubber (0.0)


BBAI Forecast + Options Trading Strategies   [BBAI]  BigBear.ai (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WIX



SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.87)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.89)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.89)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.89)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.91)





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